NOT LISTED FOR SALE

1640 W 4th St Wilmington, DE 19805

Estimated Value: $155,000 - $221,000

3 Beds
2 Baths
1,200 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $180,000 $150 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,081/month

29 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Porch
  • Dupont (H.B.) Middle School Rated A
  • No HOA
  • 2-minute walk to William Judy Johnson Memorial Park

About This Home

As of June 2024

Calling all investors & home owners! If you looking for a carefree, cash flowing asset, then look no further. Allow me to introduce you to 1640 W 4th St. this well maintained Property presents an awesome investment opportunity or a versatile living arrangement for multi-generational families. Lower level unit- 1 bedroom, 1 bathroom Upstairs unit - 2 bedrooms, 1 bathroom. This property qualifies for downpayment and closing cost assistance up to 17,500.00 with BOA.

Last Agent to Sell the Property

Clarissa Howard

(302) 213-4162 clarissa.howard@cbpref.com Tesla Realty Group, LLC License #RS-0024232 Listed on: 04/16/2024

Tesla Realty Group, LLC

Last Buyer's Agent

Mario Ciccarelli

(732) 986-6720 mariosells@kw.com Empower Real Estate, LLC License #366536

Empower Real Estate, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,066

Year Built

  • Built in 1906

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 15.00 x 73.20

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling System Utilizes Natural Gas
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wilm #17 Subdivision

Listing and Financial Details

  • Tax Lot 445
  • Assessor Parcel Number 26-026.40-445

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,066

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1906
  • Automatically Close On Close Date: No
  • Remarks Public: Calling all investors & home owners! If you looking for a carefree, cash flowing asset, then look no further. Allow me to introduce you to 1640 W 4th St. this well maintained Property presents an awesome investment opportunity or a versatile living arrangement for multi-generational families. Lower level unit- 1 bedroom, 1 bathroom Upstairs unit - 2 bedrooms, 1 bathroom. This property qualifies for downpayment and closing cost assistance up to 17,500.00 with BOA.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 162.50
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1640

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas, Electric
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 73.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2022
  • Zoning: 26C-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 575.00
  • Tax Annual Amount: 1066.00
  • Assessor Parcel Number: 26-026.40-445
  • Tax Lot: 445
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/21/2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jun 21, 2024
Sold by
Pine Dream Llc
Bought by
Sancor Real Estate Llc
Seller's Agent
Clarissa Howard
Tesla Realty Group, LLC
Buyer's Agent
Mario Ciccarelli
Empower Real Estate, LLC
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Views
107
Current Estimated Value
$192,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,417
Avg. Annual Appreciation
5.35%
Original Mortgage
$144,000
Outstanding Balance
$142,290
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$50,127

Purchase Details

Closed on
Aug 26, 2021
Sold by
2620St Llc
Bought by
Pine Dream Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2018
Sold by
City Of Wilmington
Bought by
Williams Courtney and 2620St Llc

Purchase Details

Closed on
Mar 28, 2011
Sold by
Sheraton Properties
Bought by
Davis Kyle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
5.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 9, 2011
Sold by
Foster Steven D
Bought by
Sheraton Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
5.04%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sancor Real Estate Llc -- None Listed On Document
Pine Dream Llc -- None Listed On Document
Williams Courtney $9,000 None Available
Davis Kyle C $20,000 None Available
Sheraton Properties $10,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sancor Real Estate Llc $144,000
Previous Owner Pine Dream Llc $80,000
Previous Owner Davis Kyle C $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $180,000 -7.7% $150 / Sq Ft
04/16/2024 04/16/24 For Sale $195,000 -- $163 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $727 $23,300 $2,100 $21,200
2023 $632 $23,300 $2,100 $21,200
2022 $635 $23,300 $2,100 $21,200
2021 $3,045 $23,300 $2,100 $21,200
2020 $637 $23,300 $2,100 $21,200
2019 $1,106 $23,300 $2,100 $21,200
2018 $808 $23,300 $2,100 $21,200
2017 $1,032 $23,300 $2,100 $21,200
2016 $1,032 $23,300 $2,100 $21,200
2015 $987 $23,300 $2,100 $21,200
2014 $937 $23,300 $2,100 $21,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2059638

Bright MLS

APN: 26-026.40-445